Euro shorts are getting fried following the ECB rate decision (no change) and ahead of Mario...

|By:, SA News Editor

Euro shorts are getting fried following the ECB rate decision (no change) and ahead of Mario Draghi's press conference at which big things are expected. The euro +1% vs. the greenback to $1.2342. Maybe more interesting is movement higher in the euro/Swiss franc cross, now at 1.2025 after being locked at 1.2010 for months. FXE +1% premarket.